The Broader Digital Currency Ecosystem

The broader digital currency ecosystem is still undergoing significant bearish consolidation, with Chainlink (LINK) price also attracting attention.

At the time of writing, the LINK price was trading at $15.41, a slight increase of 0.17% over the past 24 hours. While volatility remains a crucial factor for short-term investors, the analytics platform Glassnode has provided insights into LINK’s accumulation distribution over time and its potential impact on price movements.